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Looks Like Daniel Lee's Revamp of Burberry Isn't Going Well

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The luxury spending slowdown has been a mixed bag for fashion brands. Some, like Prada, have weathered the storm just fine; Kering’s outlook for 2024 was less sunny — now, Burberry’s reporting that it, too, is feeling the hit. On Wednesday, Burberry Group PLC published its preliminary results for …

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Ana Colón

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